A dominant strategy:
A)exists in every game.
B)is the best one to follow no matter what strategy other players choose.
C)is always the same for all players of a game.
D)awards the highest achievable payoff in a game.

Question

Quizplus · Accepted Answer

A dominant strategy is defined as the best strategy for a player to follow regardless of the strategies chosen by other players. It is not guaranteed to exist in every game, may not be the same for all players, and does not necessarily award the highest achievable payoff in all scenarios, but rather ensures the best outcome for a player given any set of opponents' strategies.

A Dominant Strategy